GFT Technologies AG: growth of revenue and profit in the third quarter

Positive development in all segments

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St. Georgen (euro adhoc) - St. Georgen, 9 November 2006 - GFT
Technologies AG, leading European provider of innovative IT
solutions, is continuing its positive development of the current
year. In the third quarter a solid growth of revenue and profit was
achieved compared to the previous year.

As of 30 September 2006, total revenue of the GFT Group amounted to
EUR 127.3 million. In the third quarter an increase in revenue of 12
percent to EUR 47.2 million was realised.

Earnings before tax in the third quarter totalled to EUR 2.2 million
compared to EUR 1.4 million in the previous quarter. In the first
nine months, the GFT Group therewith generated earnings before tax of
a total of EUR 4.5 million.

All segments contributed to the solid growth. The segment Resourcing
could benefit from the integration of the former Parity companies
acquired in the beginning of the year as well as from a brisk demand.
In the segment Services the projects in Brazil are to be
distinguished, which are going according to plan and will employ
additional staff. The biggest contribution to results provided, as in
previous quarters, the Spanish subsidiaries.

As of 30 September 2006, the GFT Group's balance sheet showed liquid
assets and securities of EUR 13.5 million, with no significant short
or long-term financial liabilities. The equity ratio was 52 percent.

The GFT group employed a total of 1,046 workers as of 30 September
2006 - 40 more than in the previous quarter and 47 more than at the
same point in time last year. 71 percent of the employees are working
abroad.

"The development in the current financial year meets our expectations
and has confirmed our strategy", Ulrich Dietz, Chairman of the
Executive Board of GFT Technologies AG, comments on the results.
"Given the current demand and the satisfying capacity utilisation at
all important development centres, we confirm our prospects for the
total year. We will exceed the forecast of EUR 170 million in
revenues slightly and the announced profit margin of three percent by
an estimated 20 percent."

The GFT Group's Interim Report can be found on the Internet at
http://www.gft.com.

About GFT:

GFT Technologies AG (GFT) is one of Europe's leading suppliers of
innovative IT solutions. GFT offers its clients the opportunity to
realign their businesses with innovative IT applications, providing
rapid and sustainable differentiation from the competition.

The company's offering includes consultancy, system integration,
application development and operation, through to procurement of IT
freelancers and outsourcing of IT development and purchasing
processes. GFT focuses on financial services IT, portal solutions for
marketing support, sales and service processes and documentation
process management solutions. Well-founded project and technological
experience, along with extensive sector knowledge in the field of
financial and postal services, means that GFT is the preferred IT
partner for well-respected companies globally. GFT's concentration on
implementation with modular solution building blocks and an
international production concept means that savings can be made in
both time and costs. In 2005, GFT realised a revenue of EUR 121
million. Headquartered in St. Georgen, the GFT Group was established
in 1987 and employs more than 1,000 professionals at locations in
Brazil, Germany, Great Britain, France, India, Austria, Switzerland,
Spain, Hungary and the USA. GFT stock (WKN 580 060) is listed in the
Prime Standard of the Frankfurt Stock Exchange and is a member of the
GEX (German Entrepreneurial Index).

Contact for Journalists:
Andrea Wlcek
Manager Investor Relations & Corporate Communications
GFT Technologies AG
78112 St. Georgen
Germany
T: +49-7724-9411-440
F: +49-7724-9411-883
M:+49-173-702 29 95
andrea.wlcek@gft.com
www.gft.com

end of announcement euro adhoc 09.11.2006 08:09:05
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ots Originaltext: GFT Technologies AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Elke Möbius
Press Office
Tel.: +49 (0)711 62042 200
E-mail: elke.moebius@gft.com

Branche: Software
ISIN: DE0005800601
WKN: 580060
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
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